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KazMunaiGas 2010 net profit doubles to $2.7 bln

Oil&Gas Materials 18 April 2011 16:09 (UTC +04:00)
KazMunaiGas, Kazakhstan's state oil and gas company, said on Monday its net profit more than doubled to 397 billion tenge ($2.73 billion) in 2010 from 189 billion a year earlier, without giving a reason.
KazMunaiGas 2010 net profit doubles to $2.7 bln

KazMunaiGas, Kazakhstan's state oil and gas company, said on Monday its net profit more than doubled to 397 billion tenge ($2.73 billion) in 2010 from 189 billion a year earlier, without giving a reason, Reuters reported.

The company's London-listed subsidiary KazMunaiGas Exploration Production last month reported a 12-percent rise in its 2010 net profit, after oil prices and production rose.

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